Rathbone Close, Birmingham, B5

Street Guide For Rathbone Close, Birmingham, B5

 

Rathbone Close, Birmingham, B5 Map

Estimated Price: £120,204
Average Asking Price: £169,700
Price change in last one year: £7,102
Average Price Paid: £100,000
Average Rent Rates: £907

 

Property Prices Breakdown in Rathbone Close, Birmingham, B5

Average Price for property in Rathbone Close, Birmingham, B5 is around £120,204 e.g. average price for terraced house is around 120,204. Values have been changing and have risen £535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,525 in last 6 months, £7,102 in last 1 year, £13,561 in last 2 years, £14,181 in last 3 years, £12,300 in last 4 years and £13,058 in last 5 years.

Currently average asking price of a property in Rathbone Close, Birmingham, B5 is around £169,700 based on approximately 0 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £907 per month.

Estimated property value in Rathbone Close, Birmingham, B5 is £120,204. Average asking price is £169,700 while average price paid is £100,000 which is up by £13,058 and Avg. asking rent £907.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Rathbone Close, Birmingham, B5 area. In last 5 years alone average price buyer paid is around £100,000 based on approximately 1 sales in Rathbone Close, Birmingham, B5 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £100,000.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £87,000, £165,817 for a 2 bedroom house, £231,731 for a 3 bedroom house and £350,000 for a 5 bedroom house. For a flat similarly the prices varies from £111,352 for a single bedroom to £189,480 for a 2 bedroom Flat. To sum up the asking prices for properties in Rathbone Close, Birmingham, B5 it comes to around average £110,591 for 1 bedroom property, £187,329 for 2 bedroom, £231,731 for 3 bedroom and £350,000 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £448 for 1 bedroom to £726 for 2 bedrooms, £722 for 3 bedrooms, £887 for 4 bedrooms and £886 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £647. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £828 and £1,365 for 3 bedroom. You should be generally be expecting around average £584 rent per month for single bedroom property, £820 for 2 bedroom, £1,043 for 3 bedroom, £887 for 4 bedroom and approximately £886 for a 5 bedroom property in Rathbone Close, Birmingham, B5 area.

Popular Houses in Rathbone Close, Birmingham, B5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Rathbone Close, Birmingham, B5